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HomeMy WebLinkAboutRESOLUTION - 3-10 - 1/12/2010 - CLASS 6B/1300 LANDMEIERRESOLUTION NO. 3-10 A RESOLUTION DETERMINING THE APPROPRIATENESS FOR CLASS 6B STATUS PURSUANT TO THE COOK COUNTY REAL PROPERTY CLASSIFICATION ORDINANCE AS AMENDED FEBRUARY 15, 2006 FOR CERTAIN REAL ESTATE LOCATED AT 1300 LANDMEIER ROAD, ELK GROVE VILLAGE, ILLINOIS WHEREAS, the Village of Elk Grove Village desires to promote the development of industry in the Village of Elk Grove; and WHEREAS, the Cook County Assessor is operating under an ordinance enacted by the Cook County Board of Commissioners, and amended from time to time, the most recent amendment becoming effective as of February 15, 2006, which has instituted a program to encourage industrial and commercial development in Cook County known as the Cook County Real Property Classification Ordinance; and WHEREAS, in the case of abandoned property, if the municipality or the Mayor and Board of Trustees, finds that special circumstances justify finding that the property is "abandoned" for purpose of Class 613, even though it has been vacant and unused for more than 24 months and there has been no purchase for value, that finding, along with the specification of the circumstances, shall be included in the resolution or ordinance supporting and consenting to the Class 6B application. Such resolution or ordinance shall be filed with the eligibility application. If the ordinance or resolution is that of a municipality, the approval of the Board of Commissioners of Cook County is required to validate that the property is deemed "abandoned" for purposes of the incentive, and a resolution to that effect shall be included with the Class 6B eligibility application filed with the Assessor; and WHEREAS, the Petitioner has applied for or is applying for Class 6B property status pursuant to said aforementioned ordinance, for certain real estate located at 1300 Landmeier Road, in the Village of Elk Grove Village, Cook County, Illinois, with the Property Index Number 08-27-400-096-0000, has proven to this Board that such incentive provided for in said ordinance is necessary for development to occur on this specific real estate. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois: Section 1: That the request of the Petitioner to have certain real estate located at 1300 Landmeier Road, Elk Grove Village, Cook County, Illinois, legally described as follows, and with the Property Index Number 08-27-400-096-0000 declared eligible for Class 6B status pursuant to the Cook County Real Property Classification Ordinance as amended February 15; 2006, is hereby granted in that this Board and the Village of Elk Grove Village; Illinois, has determined that the incentive provided by the said Class 6B Tax Incentive Ordinance is necessary for the said development to occur on the subject property: LOT 10 IN GULLO INTERNATIONAL CONTEMPORARY PARK, BEING A RESUBDIVISION OF LOT 230 IIT HIGGINS INDUSTRIAL PARK UNIT 165, BEING A SUBDIVISION IN THE SOUTHEAST'/4 OF SECTION 27, TOWNSHIP 41 NORTH, RANGE 11, EAST OF THE THIRD PRINCIPAL MERIDIAN. (EXCEPTNG THEREFROM THE NORTH 220.0 FEET OF THE EAST 420.0 FEET THEREOF) IN COOK COUNTY, ILLINOIS. Section 2: That the Special Circumstances as outlined by the petitioner are attached hereto as Exhibit "A" and made a part thereof. Section 3: That the Village of Elk Grove Village, Illinois hereby supports and consents to the amended Class 6B Application and approves the classification of the subject property as Class 613 property pursuant to the Cook County Real Property Classification Ordinance and the Class 613 tax incentives shall apply to the property identified as Permanent Real Estate Index Number 08-27-400-096-0000. Section 4: That the Mayor and Village Clerk are hereby authorized to sign any necessary documents to implement this Resolution. Section 5: That this Resolution shall be in full force and effect from and after its passage and approval according to law. VOTE: AYES: 5 NAYS: 0 ABSENT: 1 PASSED this 12`h day of January 2010. APPROVED this 12`h day of January 2010. APPROVED: Mavor Craia B. Johnson Village of Elk Grove Village ATTEST: Judith M. Keegan, Village Clerk Res6bTax 13001_andmeierspecial Exhibit "A" Special Circumstances Requested by MAPA LLC The property located at 1300 Landmeier Road, Elk Grove, Illinois (PINS: 08-27-400-096-0000) consists of an approximately 15,200 square foot building that has been vacant and unused since .January, 2004. Currently, the property is vacant and unused and in need of substantial rehabilitation The improvements will be made to, but not limited to, the floors, electrical components, ceilings and parking lot as well as for general maintenance.. The Applicant hopes to successfully lease the site to PSC Industrial Outsourcing, LP, which will use the site fbr the warehousing and distribution of environmentally sensitive materials and waste. PSC expects to bring approximately 22 jobs immediately to this property with the hope to increase to 40 employees within three years of'operations at the site. However, the viability of this option is contingent on the Applicant receiving a Class 6b Tax Incentive. Based on our- research, the property's prolonged vacancy and the additional costs that must be incurred to rehabilitate the building in order for this to be a successful endeavor, the Applicant must possess a Class 6b in order to successfully lease the facility. With a Class 6b in place on this site, the Applicant believes it can improve the same, secure an industrial tenant and bring jobs to the Village of Elk Grove_ It is fbr these reasons that it is necessary to grant the Applicant a Class 6b Incentive based on occupation of abandoned property fbr greaten than twenty-fbur months. continuous vacancy without a purchase for value and with special circumstances as well as substantial rehabilitation for- the above -referenced property.